Current News

by tim

U-Haul International, Inc, today released the results of the annual U-Haul National Migration Trend Report, reflecting the nation's top growth states for families who moved during 2010. The report, titled "2010 Top 10 U.S. Growth States," indicates that for states with more than 20,000 families moving, Michigan had the highest percentage of growth, with 3.14 percent more families moving into the state than out, moving Kentucky to sixth place from last year. For states with 5,000 - 20,000 families moving, Vermont had the highest percentage, with a growth rate of 19.46 percent in 2010.

U-Haul Top 10 U.S. Growth States

January - December 2010

With More Than 20,000 Families Moving

RANK

STATE

%GROWTH

1.

MICHIGAN

3.14%

2.

TEXAS

1.67%

3.

MARYLAND

1.61%

4.

WASHINGTON

1.53%

by tim

Digital Insurance Inc. (www.digitalinsurance.com), the nation's leading employee benefits agency specializing in insurance for small businesses and mid-sized companies, has merged with The Benefit Group of New England LLC (BGNE), based in Colchester. The regional firm’s owners and all staff members will continue operating the company and clients will have access to more robust resources, sophisticated technology, price advantages and proprietary solutions available through Digital’s national platform.

by tim

As the promoters of one of the world’s biggest, modern day rock and roll concert event unleashed their powerhouse 2011 line up today, there was one act guaranteed to go back to the show in Tennessee in a bigger and bolder way: Ben & Jerry’s Bonnaroo Buzz ice cream. The flavor, which was available only in Scoop Shops in 2010, is set to make its national debut on the main stage of frozen foods freezers across the country as Ben & Jerry’s has selected it to be one of its prestigious pint flavors for 2011.

by tim

Fueled by an increase in depression caused by economic stress, increased abuse of prescription drugs, plus the launch of a series of new services and programs, Vermont’s largest not-for-profit psychiatric hospital saw admissions jump by a record 23 percent in 2010. It’s an increase that stands out nationally and the growth trend appears on track to continue in 2011.
‘The economic downturn and the stress it created on individuals and their families certainly had an impact on the number of new patients’
The Brattleboro Retreat provided in-patient care for almost 3,000 adults and adolescents last year and sometimes saw as many as 24 new admissions per day, the most in the facility’s 177-year history. The average in-patient stay last year ranged from 6.5 to 14.8 days.
Nationally, psychiatric hospitals saw an admissions increase of about 3.5 per cent, according to the National Association of Psychiatric Health Systems.

by tim

The Vermont Department of Taxes today announced the launch of a dynamic new electronic service for filing property transfer tax returns (ePTTRs) online. Built at no cost to the state over a two-year period by the state’s e-government partner, Vermont Information Consortium, the service incorporated requirements from key stakeholder groups including attorneys and town clerks.
‘The new Property Transfer Tax Return service helps us continue our efforts to provide more electronic filing services to Vermonters to create efficiencies for users and the Department’
‘The new Property Transfer Tax Return service helps us continue our efforts to provide more electronic filing services to Vermonters to create efficiencies for users and the Department,’ said Mary Peterson, Commissioner of the Department of Taxes.

by tim

Shelburne Museum has named an interim director, Board Chairman James Pizzagalli announced. Robert Skiff, Sr., member of the museum’s board of trustees and former president of Champlain College, will assume interim director duties on March 15 and will serve until a permanent replacement for director Stephan Jost is hired. Jost is stepping down after five years as director at Shelburne to become director of Honolulu Academy of Arts in Honolulu, Hawaii.
Museum trustee Bruce Lisman of Shelburne is heading up the national search for a new director, which is under way.
Skiff, of South Burlington, joined the Shelburne Museum board in 2002. He serves as a director of the Merchants Bank and Merchants Bancshares.

by tim

Vermont’s real estate market fared the best of all New England states in a newly released RE/MAX report. There were 289 homes sold in January, an 18% increase from the 245 homes sold the same time last year. On a month-to-month basis, home sales were down -27.6% from 399 homes sold this past December. The median selling price remained flat year-over-year at $190,000. However, Vermont surpassed New Hampshire in median sale price and is now fourth in New England, also ahead of Maine.
Overall inventory decreased from 8,478 in January 2010 to 7,694 in January 2011. If inventory increases, as RE/MAX expects, Vermont should experience a positive Spring market.

by tim

Secretary of Administration Jeb Spaulding released the January 2011 General Fund Revenue
results today. January is the seventh month of fiscal year (FY) 2011. General Fund revenues
totaled $137.78 million for January 2011, and were -$1.61 million or -1.16% below the $139.39
million consensus revenue forecast for the month. Year to date, January revenues were $687.16
million or -0.23% below target. On a year-over-year basis, January 2011 GF results are 9.3%
ahead of the same period for the prior year (January 2010), but, are -2.26% below the FY 2008
results through January 2008.
‘While it is of note that revenues are ahead of where they were a year ago pretty much across the
board, the fact that January revenues in some key areas such as personal income, sales & use,
and rooms & meals were below forecast for the month is good reason for caution going

by tim

Vermont Secretary of Agriculture, Chuck Ross, announced today that Jolinda LaClair of Middlesex has been appointed as Deputy Secretary for Administration for the Agency of Agriculture, Food and Markets.
‘I am pleased to announce that Jolinda LaClair will join the Agency of Agriculture as Deputy Secretary. She brings years of experience working with Vermont on issues relating to rural development and agriculture and many other matters of public policy,’ stated Vermont Agriculture Secretary Chuck Ross. ‘Her experience building partnerships across public, private and non-profit sectors will be a real asset to the Agency of Agriculture's work to support agricultural viability in Vermont.’
‘Jolinda's wealth of knowledge about Vermont -- its people, its communities, and the challenges and opportunities for agriculture and commerce will be a great benefit,’ added Ross.

by tim

Karen Glass, PhD, an Assistant Professor in the Department of Pharmaceutical Sciences at the Colchester Campus of Albany College of Pharmacy and Health Sciences (ACPHS-Vermont), has received a two-year grant from the American Heart Association in the amount of $132,000. She will be researching new approaches for reducing the risks of heart attack in individuals suffering from heart disease.
Background
The onset of heart disease places additional stress on the heart, leading to damage of the heart tissue. Unfortunately, the heart is incapable of producing new replacement cells, so it responds by growing existing cells, a phenomenon known as cardiac hypertrophy. Instead of strengthening the heart, hypertrophy significantly weakens the heart muscle, making the individual more susceptible to a heart attack.
Research Focus

by tim

Senator Bernie Sanders (I-VT) chaired a Senate hearing today to explore how the United States is competing with other nations for green jobs. With products ranging from laptop computers to American flags already made in China, the world’s second largest economy, the Asian nation is now moving aggressively to corner world markets for solar, wind and other alternative and sustainable energy technologies.

Sanders, chairman of the Green Jobs and New Economy Subcommittee, said the United States should keep energy jobs in this country.

‘We can create good-paying jobs by investing in efficient and sustainable energy technologies,’ Sanders said. ‘Moving toward green jobs is terribly important for our economy, it's important for our environment, and it's important for from the perspective of not getting us into wars for oil.’
One of the witnesses was John Danner, CEO of Northern Power Systems, a wind turbine company based in Barre. Vt.

by tim

Recently, the TD Charitable Foundation, the charitable giving arm of TD Bank donated $35,000, equivalent to 87,500 pounds of food or 70,000 meals for families in need, to support the Vermont Food Bank. The Vermont Foodbank has a network of 280 partners around the state’food shelves, meal sites, shelters, senior centers and after-school programs’that reach as many as 86,000 Vermonters in need of food assistance.
On Thursday, February 17, 2011, local TD Bank employees will volunteer at the Chittenden Emergency Food Shelf, the Foodbank’s largest network partner, to assist with warehouse inventory, stock shelves, help clients complete paperwork and pick out their groceries.